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The Kiwi is the early worst performer

USD
  • A mixed USD going into the cash European Govie open, albeit circa flat against all G10s.
  • Kiwi is the worst performer after Exports data fell 14% on the Year, as Diary prices fall.
  • NZDUSD is still finding some support at the 0.5900 figure, printed a 0.5903 low last week and 0.5906 low today.
  • These are also the lowest print since November.

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